Dogecoin (DOGE)
Key points:
At press time, DOGE was trading at $0.14258.
It was down by 0.76% over the last 24 hours.
What you should know - DOGE recently broke above the 200-day SMA at $0.12874, which can be considered a bullish signal for long-term traders. The 50-day SMA at $0.11156 provided further support below this level. Moreover, the Directional Movement Index (DMI) showed strong buying pressure (+DI at 33.58) and low selling pressure (-DI at 8.03), with the ADX at 30.10 indicating the trend has been gaining strength. Immediate resistance was found at $0.14849, and a break above this could signal further upside. Increasing volume adds confirmation to the bullish move, but traders should watch for a potential pullback toward the 200-day SMA for support.
